Shares of Lennar Co. (NYSE:LEN.B - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $123.51 and traded as low as $101.18. Lennar shares last traded at $103.79, with a volume of 43,513 shares trading hands.
Lennar Price Performance
The business has a 50 day moving average price of $103.41 and a two-hundred day moving average price of $122.92. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.06 and a current ratio of 4.71. The stock has a market cap of $26.75 billion, a PE ratio of 7.07 and a beta of 1.35.
Lennar (NYSE:LEN.B - Get Free Report) last issued its quarterly earnings results on Thursday, March 20th. The construction company reported $2.14 EPS for the quarter. The firm had revenue of $7.63 billion for the quarter. Lennar had a return on equity of 13.93% and a net margin of 11.10%.
Lennar Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, May 7th. Investors of record on Wednesday, April 23rd were paid a $0.50 dividend. The ex-dividend date was Wednesday, April 23rd. This represents a $2.00 dividend on an annualized basis and a yield of 1.97%. Lennar's dividend payout ratio is presently 14.57%.
Lennar Company Profile
(
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Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land.
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